Sponsored by
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 Visit the Financial Performance Management Resource Center
for
access to a valuable portfolio of relevant information from leading
finance and performance management experts, as well as customer case
studies, solutions demonstrations, web seminars.
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Moet
Hennessy Reaps Benefits of Pervasive BPM
Luxury wine and spirit importer Moët Hennessy USA
operates in over 50 markets using a performance indicator system that
each employee can easily access. BPM Magazine spoke with Laurel
Schechter, the company’s Cognos business intelligence manager, and
Wayne Walsh, director of commercial management, who have one thing to
say to finance pros who are considering performance management
software:
“Invest."
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Overcoming
BPM Road Blocks: A Video Interview with Author Gary
Cokins
Despite having an impressive track record of success,
BPM strategies are still often met with resistance from within. In this
video, Gary Cokins, author of Performance Management: Integrating
Strategy Execution, Methodologies, Risk, and Analytics (2009 John
Wiley Sons Inc.), explains what actions finance leaders can take to
overcome road blocks and gain new advocates.
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When
Bad Things Happen to Good Strategies
Companies often start with a good strategy only to
have the measure drive the wrong results. For example, a call center
may
successfully shorten its call response time, but as a result, customer
satisfaction drops. Once companies see that their objectives are having
a negative effect, they will need to re-evaluate their strategic
objectives.
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Research
Finds Performance-Based Contracting Cuts Costs
The use of performance-based contracting, an
arrangement in which the price you pay for a product or service goes up
as the level of service and uptime it offers increases, rather than
growing when you run into problems, is rising. The advantage, new
research indicates, is better outcomes at lower cost with more
financial
predictability.
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Performance
Management: Not as Scary as It Sounds
Does the idea of taking on a performance management
project intimidate you? Never fear. Read Ventana Research's white paper
"The Right View of Performance Management: Reasonable scope,
incremental
change and dashboards provide tangible benefits" in the BPM Resource Center to alleviate your worry.
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The
Need for Profitability and Cost Management
As indirect costs rise and economic pressures
increase, the need for profitability and cost management (PCM) also
grows. Read this Thought Leadership white paper to find out more about
how PCM drives business performance by finding drivers of cost and
profitability, empowering users with visibility and flexibility, and
improving resource alignment.
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BPM Summit Presentation --
BPM
at Risk: How to Increase Your Odds of Success
The 6th Annual BPM Summit brought together some of
the
business world's foremost practitioners to explore the transformational
role of finance in the enterprise. If you missed the live event, you
can
still enjoy access to the audio and slide shows from the keynote
presentations at our on-demand archive.
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